I have the same count as you. As we talked about we are definitely in a correction and I'm pretty confident that the 10Y will be travelling much higher once this correction is over. I just can't see rates going back down to where they were. Right now this is how I'm tracking the correction, looks like a running flat as I cant see the lows being taken out from how this wave is developing. Either way, looks like 6 months before this changes its structure back to the upside, which lines up with what you are seeing too. Charts on the daily. I was really hoping for some good movement in commodities besides gold, but REMX, LIT and URA all look a bit sad.
Been trading the hell out of gold, silver and copper until I can see an equities market worth taking the risk on. Watch out for a liquidity grab on US markets, need a higher high and low soon.
XSO and RUT are looking sad, as has been the case for a while.
